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Religare Broking Vs 5paisa: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Religare Broking Max 0.05 to 0.50% per trade while the brokerage of 5paisa ranges between Rs 20. Religare Broking is a Full Service Broker where 5paisa is a Discount Broker. Religare Broking is having overall lower rating compare to 5paisa. Religare Broking is rated only 3.5 out of 5 where 5paisa is rated 4 out of 5. Number of active customer for 5paisa is 5,44,270 where number of active customer for Religare Broking is 1,43,944. 5paisa is serving more customer compare to Religare Broking.

Here we present side-by-side comparison of Religare Broking vs 5paisa share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Religare Broking vs 5paisa's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Religare Broking vs 5paisa share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Religare Broking vs 5paisa's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Religare Broking vs 5paisa on Service

  Religare Broking Compare
Religare Broking
5paisa Compare
5paisa
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 1,43,944 5,44,270
Broker Overview Open free Religare Demat & Trading Account, and trade via user-friendly platforms; Dynami App and Religare Online website. Also invest in the SmartInvest portfolio management services, US stocks, and get experts trading tips, investment ideas, an... Know more about Religare Broking 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m...Know more about 5paisa
Broker Enquiry Request call back from Zerodha Request call back from 5paisa
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Account Opening Charges and AMC

Compare Religare Broking vs 5paisa on Trading & Demat Account Opening Charges

Comparison of Religare Broking with 5paisa on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa offer Free account opening where Religare Broking charges Rs 500 for account opening. Demat AMC charges - Religare Broking charges Rs 400 PA [Free for first year] AMC for Demat account where 5paisa charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Religare Broking with 5paisa
Charges Religare Broking 5paisa
Trading Account Opening Fees Rs 500 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA [Free for first year] Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Religare Broking vs 5paisa on Plan Options

Plans are the most important feature you look when compare Religare Broking with 5paisa. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provides Multiple Plans where Religare Broking doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Religare Broking with 5paisa on Plan Options
Plan Types Religare Broking 5paisa
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha 5paisa
Account Opening Request
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Brokerage Charges

Compare Religare Broking vs 5paisa on Brokerage Charges

Religare Broking Brokerage Plan detail - Religare One is a standard brokerage plan that charges a fixed percentage of brokerage from clients. The plan also provides a 3-month free subscription to the fair deal plan that charges Rs. 0 brokerages on non-profitable trades and options trading at just Rs. 5 per lot.

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Brokerage Charges - Compare Religare Broking with 5paisa
Brokerage Charges Compare Religare Broking 5paisa
Plan Name Religare One Brokerage Plan (Percentage Based) Basic Plan
Equity Delivery 0.50% to 0.10% Flat Fee Rs 20
Equity Intraday 0.05% to 0.01% Flat Fee Rs 20
Equity Futures 0.05% or 5 paisa Flat Fee Rs 20
Equity Options Rs 70 Per Lot Flat Fee Rs 20
Currency Futures 0.05% or 5 paisa Flat Fee Rs 20
Currency Options Rs 30 Per Lot Flat Fee Rs 20
Commodity Trading Futures: 0.05%| Options: Rs 30 per lot Flat Fee Rs 20
Minimum Brokerage 1p per share NA
Hidden Charges Yes No
Funding Yes - 21% interest PA Yes - 18% interest PA
Call & Trade Charges Rs 10 per order, Max rs 50 per segment per day Rs 100 per call(No limit of orders)
Auto Square off Charges Rs 10 per order, Max rs 50 per segment per day Rs 100 per call(No limit of orders)
Brokerage Calculator Brokerage Calculator for Religare Broking Brokerage Calculator for 5paisa
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Share Broker's Transaction Charges

Compare Religare Broking vs 5paisa on Transaction Charges

Compare Religare Broking with 5paisa on transaction charges and PCM fee by segment.

Transaction Charges - Compare Religare Broking with 5paisa
Transaction Charges Compare Religare Broking 5paisa
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Rs 260 Per Cr
Brokerage Charges Complete Brokerage Plans for religare-broking Complete Brokerage Plans for 5paisa
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Account Features

Compare Religare Broking vs 5paisa on Account Features

Compare Religare Broking with 5paisa on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - 5paisa offers Algo Trading where Religare Broking doesn't offers Algo Trading. Margin Funding - 5paisa offers a margin funding where Religare Broking doesn't offers margin funding. NRI Trading - Religare Broking offers NRI where 5paisa doesn't offers NRI Trading.

Account Features - Religare Broking with 5paisa
Account Features Compare Religare Broking 5paisa
3 in 1 Account No Religare Broking have 2-in-1 account. Only Demate and Trading account. No Religare Broking have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Religare Broking vs 5paisa on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Religare Broking and 5paisa. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Religare Broking with 5paisa
Trading Platform Compare Religare Broking 5paisa
Desktop Trading Platform OdinDiet and Power FnO 5paisaTradeStation
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://secure.religareonline.com/Login.aspx https://www.5paisa.com/online-trading
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Religare Dynami 5paisa Mobile App
Mobile Trading App Demo Religare Dynami Demo 5paisa Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod Religare Dynami Download Andriod 5paisa Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Religare Dynami Download iOS 5paisa Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Religare Broking Equity Intraday and Delivery Brokerage Calculator for 5paisa
Futures Brokerage Calculator Futures Brokerage Calculator for Religare Broking Futures Brokerage Calculator for 5paisa
Options Brokerage Calculator Options Brokerage Calculator for Religare Broking Options Brokerage Calculator for 5paisa
Detail Detail on Trading Platforms for religare-broking Detail on Trading Platforms for 5paisa

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Broker Ratings by Users

Compare Religare Broking vs 5paisa on User Rating

  Religare Broking 5paisa
  56 Customer Reviews    Rate Religare Broking 27 Customer Reviews    Rate 5paisa
Fees Ratings 3.2 3.1
Trading Brokerage Rating 3.2 3.9
Trading Platform Usability 3.0 3.3
Customer Service Ratings 2.9 2.7
Overall Ratings 2.9 3.2
Broker Rating Religare Broking is Rated 2.9 / 5 based on 56 customer reviews 5paisa is Rated 3.2 / 5 based on 27 customer reviews
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Investment Offerings

Compare Religare Broking vs 5paisa on Investment Offerings

Compare Religare Broking with 5paisa on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Religare Broking with 5paisa
Investment Offerings Compare Religare Broking 5paisa
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Religare Broking vs 5paisa on Order Types

Order Type - Compare Religare Broking with 5paisa on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - 5paisa provides Bracket Orders (BO) where Religare Broking doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Religare Broking offers Good Till Cancelled (GTC) orders where 5paisa doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Religare Broking with 5paisa
Order Type Compare Religare Broking 5paisa
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Religare Broking vs 5paisa on Customer Service

Compare Religare Broking with 5paisa on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Religare Broking with 5paisa
Customer Service Compare Religare Broking 5paisa
24/7 Customer Service Religare Broking vs 5paisa - 24x7 customer support No No
Email Support Religare Broking vs 5paisa - Email Support Yes Yes
Onine Live Chat Religare Broking vs 5paisa - Onine Live Chat No No
Phone Support Religare Broking vs 5paisa - Phone Support Yes Yes
Toll Free Number Religare Broking vs 5paisa - Toll Free Number No No
Through Branches Religare Broking vs 5paisa - Through Branches Yes No
Customer Care Number Religare Broking vs 5paisa - Customer Care Number 1860-25-88888 +91 89766 89766
Account Opening Process Religare Broking vs 5paisa - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Religare Broking vs 5paisa - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Religare Broking vs 5paisa - Knowledge Center/Education Not available https://www.5paisa.com/knowledge-centre
Head Office Address Religare Broking vs 5paisa - Head Office Address/Corporate Address Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Website Religare Broking vs 5paisa - Company Website http://www.religareonline.com https://www.5paisa.com/
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Tips/Research/Reports Published

Compare Religare Broking vs 5paisa on Research Reports, Tips

Compare Religare Broking with 5paisa on research reports and tips provided by the broker.

Research Reports - Compare Religare Broking with 5paisa
  Religare Broking 5paisa
Research Mutual Funds Religare Broking vs 5paisa - Research Mutual Funds Yes Yes
Research Equity Reports Religare Broking vs 5paisa - Research Equity Reports Yes Yes
Research ETF Religare Broking vs 5paisa - Research ETF Yes No
Daily Market Report Religare Broking vs 5paisa - Daily Market Report Yes Yes
Free Tips Religare Broking vs 5paisa - Free Tips Yes Yes
Quarterly Result Analysis Religare Broking vs 5paisa - Quarterly Results Yes No
News Alerts Religare Broking vs 5paisa - Yes Yes
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Demat Account

Compare Religare Broking vs 5paisa on Demat Account

Compare Religare Broking with 5paisa on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for 5paisa is ₹300 pa where for Religare Broking is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Religare Broking is ₹12 where for 5paisa is ₹12.50 per ISIN.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Religare Broking with 5paisa
  Religare Broking 5paisa
DP Source CDSL CDSL
DP ID Religare Broking vs 5paisa - DP ID 30200 82500
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹300 pa
Advance Deposit Rs. 500/- NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 ₹12.50 per ISIN
Demat ₹5 per certificate + ₹30 courier charges ₹15 per certificate
Remat ₹20 per certificate + ₹30 courier charges + CDSL Charges ₹15 for every hundred securities or ₹15 per certificate whichever is higher
Pledge Creation 0.02% of transaction value or ₹50 whichever is higher ₹12.50 per script
Pledge Creation Confirmation 0.02% of transaction value or ₹50 whichever is higher NIL
Pledge Closure 0.02% of transaction value or ₹50 whichever is higher ₹12.50 per script
Pledge Closure Confirmation 0.02% of transaction value or ₹50 whichever is higher NIL
Pledge Invocation 0.02% of transaction value or ₹50 whichever is higher NIL
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Religare Broking vs 5paisa on Special Offers and Promotion

Compare Religare Broking with 5paisa on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Religare Broking vs 5paisa on Special Offers and Promotion
  Religare Broking 5paisa
Pay In and Pay Out Options Religare Broking vs 5paisa - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Religare Mobile, Rligare Desktop and Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Religare Broking vs 5paisa - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Religare Broking vs 5paisa - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.
Bank Detail RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Likes
  • Invest in a bouquet of products.
  • Multiple brokerage plans.
  • Zero account opening charges.
  • Zero AMC for the first year.
  • State-of-the-art platforms with charting and other features.
  • Best-in-class research services from experts.
  • Dynami Wrap app, a free mutual fund investment
  • Fair Deal plan: Zero brokerage on loss-making trades for 3 months.
  • Dedicated relationship manager.
  • Margin trading.

Detail Review...

  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

Dislikes
  • Minimum brokerage charges is levied.
  • Non-transparent brokerage structure.
  • Religare does not have a flat discount brokerage plan.
  • ODIN Diet is a paid platform.

Detail Review...

  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

Special Offers/Promo - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Open Zerodha Account Now>> Open 5paisa Account Now>>

Last Updated on 2023-09-13T03:22:46+00:00